Two aging pipelines that carry ~20M gallons of oil and natural gas every day under the Straits...

Two aging pipelines that carry ~20M gallons of oil and natural gas every day under the Straits of Mackinac in northern Michigan are time bombs that could devastate the upper Great Lakes if they rupture, according to a National Wildlife Federation report. The pipelines are owned by Enbridge (ENB-1.1%), which was responsible for the 2010 spill that fouled the Kalamazoo River two years ago.

If you click the link to the article, you see the pipes are 59 years old. Usually, I'd blow this article off, but Enbridge has had some issues with leaking pipelines in the past, which could either be bad luck, or a sign that Enbridge needs to do a better job at maintaining and checking its pipelines. Only time will tell.

"Enbridge spokesman spokesman Larry Springer said the report is rife with misconceptions about the company's emergency response plans and safety measures. He said the pipelines, known as Line 5, meet all federal standards and are inspected every couple of years using internal sensors and remote controlled submersibles equipped with cameras. Both types of inspections have been performed this year, Springer said."

Yep that's good enough for me. Wonder if the market will give me my 1% back...

Whatever the problem is or is not. The only question is, what is the company doing about fixing it. If there is a problem and I would suggest, and inasmuch as my family has been in the petroleum business since 1938, that 59 year old pipes are problematic. Better to have a fix immediately than deal with the god awful repercussions of a bad event, both financially and in the press.

1 barrel=42 gallons . 20m/42= 476,190.47 barrels of oil. I believe this is correct. I guess the sky would fall if this happens. You have any Idea how much oil eep transports a day? Read the facts on their website. Accidents do happen but cars don't run on air very well.

Enbridge US moves a little over 4 million barrels a day, according to the website. I'd say that a pipeline rupture that would cause 10% of their total capacity to spill into the largest lake system on the planet is something we should try to avoid.

Having been a share holder in Enbridge for a number of years, I expect my company to act responsibly towards environmental safety. 59 year old pipelines seem old. Special consideration towards such a sensitive exposure is warranted.